MISCELLANEOUS.

Hokitika Guardian, 11 July 1927, Page 3

MISCELLANEOUS.

tAustralian it N.Z. Cable Association.) ITALY’S POSITION. LONDON. July 10. The “Times” published results of investigations by a correspondent just returned from Italy. He says the sensational rise in the lire is chiefly due to an immense importation ot American capital, which precipitated a severe crisis. There is a great falling off of exports and slump in wholesale cereal prices, a contraction of internal m.iney and increase in unemployment. IVages have been reduced ten per cent., while the cost of living, only dropped five. All classes are suffering, resulting in widespread discontent and misgivings c.s to the future.

GENERAL KOCH’S VIEWS. LONDON. .1 idvv 10

The next war to lie fought within fifteen or twenty years wii’l lie a world war, every country participating. The combatants will include not only manhood, but the younger women, who v ill play an even more active part than battalions of English women did in hospitals and transport work in the Great War. says General Foeli. in an interview with the "Weekly Despatch.” The nation in arms will also include every available man, women and child, each being allotted a task. Although lighting on land, sen and in the air will resemble the western front in 1018. with new, more powerful weapons and more harrowing features, Koch does not believe there will he more casualties because science will devise fresh defnsive measures, as it has already limited the destructiveness of air attacks by concealment. Wars will never cease entirely. The only safeguard that I know is the Entente Cordial.